Mukunda said $IGC plans to use 100 acres for extraction, with other acres set for R&D efforts. "We anticipate having an extraction facility built in time for the November 2019 harvest, but various factors, for example, building permits, could cause a delay. If we are able to execute on our plans, 1 acre of hemp can potentially yield about 2,000 kgs of dry flower that can potentially be extracted and refined into approximately 50 kgs of THC-free CBD distillate with a current market value of $5,500 to $7,000 per kg,” Mukunda said.